American Water Works (AWK) : During the past 4 weeks, traders have been relatively bearish on American Water Works (AWK), hence the stock is down -5.67% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.97% relative to the S&P 500. The 4-week change in the price of the stock is -4.69% and the stock has fallen -0.92% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.54% and the 50-Day Moving Average is 2.72%. American Water Works (NYSE:AWK): On Fridays trading session , Opening price of the stock was $78.32 with an intraday high of $78.53. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $77.69. However, the stock managed to close at $77.76, a loss of 0.09% for the day. On the previous day, the stock had closed at $77.83. The total traded volume of the day was 1,121,472 shares.
The company Insiders own 0.32% of American Water Works shares according to the proxy statements. Institutional Investors own 84.62% of American Water Works shares. During last six month period, the net percent change held by insiders has seen a change of -16.26%. Also, Bank of America downgrades its rating on American Water Works (NYSE:AWK). Analysts at the Bank of America have a current rating of Neutral on the shares. The shares were previously rated Buy. The rating by the firm was issued on July 6, 2016.
American Water Works Company, Inc. is a water and wastewater utility holding company. Through its subsidiaries, the Company provides drinking water, wastewater and other water related services to approximately 15 million people in approximately 47 states of the United States and one Canadian province. The Company has two operating segments: the Regulated Businesses and the Market-Based Operations. The Regulated Businesses segment owns subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers. The Market-Based Operations segment provides water and wastewater services to military bases, municipalities, industrial, commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUC). The Companys subsidiaries include Illinois-American Water Company (ILAWC), American Lake Water Company and West Virginia-American Water Company (WVAWC).